Plemenite kovine so redki kovinski kemični elementi, ki jih najdemo v naravi in imajo visoko ekonomsko vrednost. Zaradi svojih posebnih lastnosti se množično uporabljajo v industriji, njihova prožnost, mehkost in sijaj pa so tudi razlogi, zakaj se uporabljajo za izdelavo nakita. Še pred dobrim desetletjem njihova uporaba v investicijske namene ni bila tako razširjena, kot je danes. Postajajo pomemben del naložbenega portfelja, njihovo investicijsko povpraševanje pa je prišlo do izraza v obdobju svetovne finančne krize. Plemenite kovine so skozi zgodovino dokazale, da so odličen hranilec vrednosti, zaščita premoženja in zaščita pred inflacijo ter da se še posebej dobro obnesejo v slabih gospodarskih razmerah, ko zaupanje v finančni sistem oziroma papirnato valuto pade. Investicijsko usmerjena sta predvsem zlato in srebro, medtem ko platina in paladij nekoliko manj in sta bolj znana kot industrijski kovini. Naložba v plemenite kovine nam nudi številne prednosti v obliki razpršitve portfelja, zasebnosti, likvidnosti in zaščite premoženja v negotovih razmerah, na drugi strani pa so tudi nekatere slabosti, kot so shramba fizičnih kovin, precejšno nihanje cene, špekulativna dejanja, zavajajoče informacije in dejstvo, da nimajo stalnega donosa. Obstaja več možnih načinov, kako investirati v plemenite kovine, lahko gre za nakup fizične oblike, ki je najpogostejši, ali pa v papirnati obliki, ki so podprte s fizičnimi kovinami, kot so ETF skladi, certifikati, računi, izvedeni finančni instrumenti. Vsaka oblika prinaša določene prednosti in slabosti, odločitev, v katero obliko želi posameznik investirati, pa temelji na njegovih osebnih ciljih, stališčih in izkušnjah. Papirnate oblike odpirajo večjo možnost špekulacij. Cene plemenitih kovin kotirajo na borzi in se spreminjajo vsako minuto. Dejavnikov, ki vplivajo na cene plemenitih kovin, je več, to so ponudba in povpraševanje, inflacija, splošno gospodarsko stanje, ameriški dolar, dejavnosti centralne banke ter obrestna mera. Obstaja določena korelacija med njimi in cenami plemenitih kovin. Diplomsko delo je sestavljeno iz dveh delov. Prvi del opisuje splošne značilnosti plemenitih kovin, medtem ko je drugi del usmerjen v predstavitev plemenitih kovin kot eno izmed naložbenih priložnosti. Precious metals are rare metallic chemical elements that are found in nature and have a high economic value. Because of their special properties they are widely used in industry, and their flexibility, softness, and shine are also the reasons why they are used to make jewellery. Only a decade ago, their use for investment purposes was not as widespread as it is today. They are becoming an important part of the investment portfolio, and their investment demand has been evident in the period of the global financial crisis. Throughout the history, they have proven to be an excellent store of value, protection of wealth, hedge against inflation, and that they do well especially in difficult economic times when confidence in the financial system or paper currency falls. Gold and silver are more investment focused than platinum and palladium, which are more known as industrial metals. Investment in precious metals offers us many advantages in the form of portfolio diversification, privacy, liquidity, and protection of wealth in uncertain conditions, but on the other hand, there are also some disadvantages such as the storage of physical metal, substantial price volatility, speculative actions, misleading information, and they do not have fixed income. There are lot of different ways for investment in precious metals, for example you can buy them in a physical form, which is the most common way, or in a paper form, which is backed by physical metals, such as ETF funds, certificates, accounts, derivatives. Each form has certain advantages and disadvantages, and the decision in which form an individual wants to invest is based on personal goals, views, and experience. Paper forms open up greater opportunity for speculation. Precious metals prices are listed on exchange and they are changing every minute. There are many factors that affect the prices of precious metals, namely supply and demand, inflation, general economic situation, the US dollar, activities of central banks, and the interest rate. There is a certain correlation between them and the prices of precious metals. So the graduation thesis consists of two parts. The first part describes the general characteristics of the precious metals, while the second part is focused on the presentation of the precious metals as one of the investment opportunities.